Search Results

Public Act Number: 485
Public Act Year: 1996
Document Type(s): MCLs
(23 results found)
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Document Type Description
Section 38.1132 Section Short title; meanings of words and phrases.
Section 38.1132a Section Definitions; A.
Section 38.1132b Section Definitions; D to G.
Section 38.1132c Section Definitions; I to L.
Section 38.1132d Section Definitions; N to P.
Section 38.1132e Section Definitions; S.
Section 38.1132f Section Definitions; V.
Section 38.1133 Section Investment authority; investment fiduciary; investing, reinvesting, holding in nominee form, and managing assets of system; powers and duties; compliance with divestment from terror act; costs; "consumer price index" defined; disclosure of fees or other compensation by investment service provider; "investment service provider" defined; prohibited acts; exceptions; requirements; debt instrument issued by foreign country; out-of-state travel; investment in hazardous waste deep disposal well facility; testimony by representative of office of retirement services in department of technology, management, and budget; executive summary of summary annual report; posting on website; submission to legislature; "state unit" defined.
Section 38.1134 Section Investment in stock or global security.
Section 38.1135 Section Investment in investment companies.
Section 38.1136 Section Investment in annuity investment contracts or participations in separate accounts of life insurance company; investment in general account of life insurer; requirements.
Section 38.1137 Section Other authorized investments; prohibited investments.
Section 38.1139 Section Investment in real estate investment trust or real or personal property.
Section 38.1140 Section Investment in secured loans; real property not considered encumbered; investment in part of obligation or participation interest in loan or group of loans; investment in real estate loan; investment in loan or loans or certificate of participation secured by loan or loans made on single family residential property; investment in certificates representing interest in mortgages or group of mortgages; limitations and restrictions; investment in second mortgage; investment with variable interest rate.
Section 38.1140a Section Investment in debt, warrant, or equity interest in small business, small business investment company, or venture capital firm; creation of small business investment companies or venture capital firms to invest in small businesses; limitation.
Section 38.1140b Section Deposits by investment fiduciary.
Section 38.1140c Section Financial institution, trust company, or management company retained as investment fiduciary; investment of system assets in collective investment fund, common trust fund, or pooled fund established and maintained by financial institution or management company; “financial institution” defined.
Section 38.1140d Section Investments not qualified under act.
Section 38.1140e Section Loan of securities by investment fiduciary.
Section 38.1140h Section Applicable law; retention of financial records; "financial records" defined; disclosure of certain information; actuarial valuation; supplemental actuarial analysis; "proposed pension benefit change" defined; availability and publication of summary annual report.
Section 38.1140j Section Investment in derivatives.
Section 38.1140k Section Investment in global securities; prohibited conduct.
Section 38.1140l Section Financial or proprietary information.